US EditionIran war supply jolt underscores importance of emergency oil reserves: expert
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15 Articles
The Toronto Star
Iran war supply jolt underscores importance of emergency oil reserves: expert
CALGARY - An oil market expert says the supply jolt triggered by war raging in the Middle East underscores why it's important for countries — including Canada
Countries agree to largest ever release of oil from emergency reserves
What to KnowIran fired missiles and drones across the Gulf, targeting Saudi oil sites and a ship near the UAE, while Israel and the U.S. struck targets across Iran.Three ships have been attacked this morning near the Strait of Hormuz, a key waterway which 20% of the world’s oil passes through, according to a British monitoring agency.Iran’s new Supreme Leader Ayatollah Mojtaba Khamenei has been wounded in the war, according to both Iranian and I…
Carlos Alsina spoke this Thursday with Guillermo Rivas-Plata, professor of Deusto Formación and general secretary of ACOCEX (Spanish Association of Foreign Trade Professionals), to analyze the economic consequences of the war in Iran and, especially, its impact on the energy market.Rivas-Plata has explained that the current situation is marked by enormous uncertainty.
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